Westside Community Development District

Agenda December 6, 2017

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Westside
Community Development District
135 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524- Fax: 407-839-1526

November 29, 2017
Board of Supervisors Westside Community Development District
Dear Board Members:
The Board of Supervisors of Westside Community Development District will meet Wednesday, December 6, 2017 at 11:00 AM at the Offices of Hanson, Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, FL 34741. Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Approval of Minutes of the November 1, 2017 Meeting
Consideration of Resolution 2018-03  Declaring  the Series 2005 Project Complete
Consideration of Resolution 2018-04 Declaring the Series  2007 Project Complete
Staff Reports
Attorney
Engineer
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Discussion of Direct Bill Status
Supervisor's Requests
Adjournment
The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.
The third order of business is the approval of the minutes of the November 1,  2017.  The minutes have been enclosed for your review.
The fourth order of business is the consideration of Resolution 2018-03 declaring the Series 2005 project compete. A copy of the Resolution and Engineer's Certificate is enclosed  for  your review.
The fifth order of business is the consideration of Resolution 2018-04 declaring the Series 2007 project compete. A copy of the Resolution and Engineer's Certificate is enclosed for your  review.
The sixth order of business is the Staff Reports. Section C is the District Manager's Report. Section 1 includes the check register for approval and Section 2 includes the balance sheet and

income statement for review. Section 2 is the discussion of the direct bill status. A copy of the summary is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,	/'	/
(l/lf?;/
Jason M. Showe
District Manager
CC:	Jan Carpenter, District Counsel Santiago Machado, District Engineer Darrin Mossing, GMS

Enclosures

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MINUTES OF MEETING WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Westside Community Development District was held Wednesday, November 1, 2017 at 11:00 a.m. at the offices of Hanson Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, Florida.

Present and constituting a quorum were:
Drew Abel Keith Trace Mike Dady
Also present were:
Jason Showe Andrew d'Adesky Santiago Machado Brian Smith
Julie Santamaria Nate Eckloff Bennett Ruedas Mike Williams Brian Fender

FIRST ORDER OF BUSINESS

Chairman Vice Chairman
Assistant Secretary

District Manager Latham Shuker District Engineer Field Manager RBC
RBC (by phone) Mattamy (by phone) Bond Counsel (by phone)
Gray Robinson (by phone)

Roll Call

Mr. Showe called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the October 11,
2017 Meeting

On MOTION by Mr. Trace seconded by Mr. Abel with all in favor the minutes of the October 11, 2017 meeting were approved as presented.

November I, 2017	Westside Community Development District

FOURTH ORDER OF BUSINESS	Consideration  of Resolution  2018-02 Bond
Delegation Resolution
Mr. Williams stated section 5 contains the delegation parameters to authorize the
Chairman or Vice Chairman to execute the bond purchase agreement. This resolution sets forth everything we are trying to accomplish.
Mr. d'Adesky stated we reviewed it and it is the standard bond delegation resolution and is consistent with the statutes as required.

On MOTION by Mr. Abel seconded by Mr. Trace with all in favor Resolution 2018-02 was approved.

FIFTH ORDER OF BUSINESS	Ratification of Agreement with Down to
Earth for Landscape Maintenance Services on Westside Boulevard
Mr. Showe stated next is ratification of the agreement with Down to Earth for landscape
maintenance services along Westside Boulevard. The last page of the proposal is a map that outlines the area to be maintained. Their contract is $11,220 for the year or $935 monthly and we have funding in the additional landscape account line. Windsor at Westside was maintaining all of that and since they don't get a lot of benefit out of the main boulevard we felt it was appropriate to have the Westside COD maintain that.
Mr. d'Adesky stated this is just for the contract for the landscape services that we already agreed to in the agreement.

On MOTION by Mr. Dady seconded by Mr. Trace with all in favor the agreement with Down to Earth for landscape maintenance services on Westside Boulevard was ratified.

Mr. Trace asked does that section of road have streetlights?
Mr. Dady responded they probably have not been installed yet we need to get with the electric company to get a maintenance agreement.
Mr. Showe stated we will follow-up on that.

SIXTH ORDER OF BUSINESS
Attorney

Staff Reports

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November I, 2017	Westside Community Development District

Certification of Project Completion
Mr. d'Adesky stated in going through some work on the bonds and doing our due diligence one of the requirements of the previous bond issue was that the engineer issue a letter to the District certifying that the project is complete. There were some draft resolutions floating around and nothing was ever finalized so at this point we are going to have the engineer transmit those to us and I would like authorization for the Chairman to execute acknowledgement or acceptance of that and then we will ratify it at the next meeting. The one thing outstanding is a little bit of irrigation construction and Santiago can go into detail on that. I think it goes into both the 2005/2007 contract but we will make a note of that.
Mr. Trace asked do we take on any liability with this?
Mr. d'Adesky responded with that exception there is no more liability than we already
have.

On MOTION by Mr. Trace seconded by Mr. Dady with all in favor the Chairman and Vice Chairman were authorized to execute the acknowledgement or acceptance of the Engineer's Certification that the project is complete.

Engineer
Mr. Machado stated on the same subject that Andrew was talking about the only item that is left in the 2005 Bonds was Funie Steed Road, anything north of Funie Steed Road was Phase 1 Westside anything south of Funie Steed was Phase 2. They are still working on that last irrigation connection that is north of Funie Steed in front of Paradise Palms. I talked with the contractor and he is still trying to get the right of way permit and he has to close down the sidewalk so the County is giving him a hard time having to come up with a plan for that. That is the one item north of Funie Steed Road that needs to be completed for that connection.
Mr. Eckloffjoined the meeting at this time.

Manager
Approval of Check Register

3

November I, 2017	Westside Community Development District

On MOTION by Mr. Dady seconded by Mr. Trace with all in favor the check registers in the total amount of $13,131.23 were approved.

Discussion of Direct Bill Status
Mr. Showe stated we have received a couple payments in and the due date is today so we will give them a little bit of time.
Mr. Smith stated sod has been installed out front and we are getting ready to do annuals and in the entry island we are going to do some plant replacement to make it look a little more appealing.

SEVENTH ORDER OF BUSINESS
There being none,

Supervisor's Requests

On MOTION by Mr. Trace seconded by Mr. Abel with all in favor the meeting adjourned at 11:13 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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RESOLUTION 2018 - 03
A RESOLUTION OF THE BOARD OF  SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER FINDING THAT THE 2005 PROJECT IS COMPLETE; DETERMINING A DATE OF COMPLETION; DECLARING THE 2005 PROJECT COMPLETE; FINALIZING THE 2005 ASSESSMENTS; AND, PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
WHEREAS, on October 12, 2004, the Board of Supervisors of the Westside Community Development District (the "District") adopted Resolution 2005-13, and as supplemented by Resolution 2005-30 adopted on June 7, 2005, the District authorized the issuance, sale and delivery of $17,525,000 of its Westside Community Development District Special Assessment Revenue Bonds, Series 2005 (the "Series 2005 Bonds") as a series of Bonds under the Master Trust Indenture dated as of February 1, 2005 (the "Master Indenture") and authorized the execution and delivery of the Second Supplemental Trust Indenture dated as of December  1, 2005 (the "Second Supplemental Indenture") to secure the issuance of the  Series 2005 Bonds; and

WHEREAS, the Series 2005 Bonds were issued on as of December 1, 2005, in part, to finance the costs of the construction, installation and acquisition of the 2005 Project, which 2005 Project is a part of the Total Project as described in the "Engineer's Report for Phases 1 &2" dated November 2005, as amended from time to time (the "Engineer's Report"); and
WHEREAS, due to economic downturn, a number of defaults in the payments of assessments by landowners, including the original developer, and the failure of the original developer to provide required funds, the completion of the 2005 Project was delayed, as was the 2007 Project which was financed by the District's $17,525,000 Westside Community Development District Special Assessment Revenue Bonds, Series 2007 (the "Series  2007 Bonds"); and
WHEREAS, the 2005 Project has been completed, except for a small portion of reclaimed water infrastructure, which completion is underway and is being funded by private contributions; and
WHEREAS, pursuant to Article VIII of the Master Trust Indenture, the District is required to complete the acquisition and construction of the 2005 Project, and maintain the 2005 Project thereafter.
WHEREAS, to determine a Date of Completion of the 2005 Project, as such term is defined in the Master Indenture, the District Engineer (also described as the "Consulting Engineer") has executed and delivered to the District and U.S. Bank, National Association, as successor Trustee a certificate (the "Engineers' Certificate"), a copy of which  is  attached hereto as Exhibit A, that the 2005 Project and all components have been acquired or constructed and are capable of performing the functions for which they are intended; and

WHEREAS, Sections 170.08 and 170.09, Florida Statutes, and Resolutions 2005-29 and 2006-05 require that upon completion of 2005 Project, the District is required to adopt a resolution accepting the same and, if determine the actual costs (including financing costs) thereof to finalize the 2005 Assessments.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:
Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part ofthis Resolution.

Authority for this Resolution. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 190, Florida Statutes.
Acceptance and Certification of Completion of the 2005 Project. The Board of Supervisors hereby accepts the Engineer Certification, and upon reliance thereon, certifies the 2005 Project complete as of the date of the Engineer Certification (the "Date of Completion") in accordance with the Trust Indenture and Chapter 170, Florida Statutes.

Finalization of the 2005 Assessments. The District Engineer has determined that the actual cost to acquire and construction the 2005 Project is approximately $26,686,222.39. Resolution 2006-05 adopted the Final Special Assessment Allocation Report dated June 7, 2005, which allocates assessments among units in the assessment area based upon a total project cost of $9,887,185, for a total bond amount, including costs, of $17,525,000. Since the construction cost of the 2005 Project exceeds $17,525,000, the finalized 2005 Project is greater than amount of the Series 2005 Bonds (upon which the 2005 Assessments were based) and therefore, the District finds that no credit or adjustment to the special assessments for 2005 Project shall be required.

Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Effective Date. This Resolution shall take effect immediately upon its adoption.

[REMAINDER OF PAGE INTENTIONALLY BLANK]

SIGNATURE PAGE TO RESOLUTION 2018 - 03

PASSED AND ADOPTED this 6th day of December 2017.

ATTEST:

By_:	 	
Name: 	

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By: 		 	
Name:_	 	

Title-:

-	----------

Exhibit A:	Certificate of District Engineer

Exhibit A
Certificate of District Engineer

CERTIFICATE OF DISTRICT ENGINEER
as to the Completion ofthe 2005 Project

$17,525,000 Westside Community Development District Capital Improvement Revenue Bonds, Series 2005
(the "Series 2005 Bonds")

STATE OF FLORIDA COUNTY OF OSCEOLA
BEFORE ME, on this day of _ , 2017, personally appeared Santiago Machado, P.E, (herein the "Engineer") of Hanson, Walter and Associates, Inc. (the "District Engineer"), with a business address of 8 Broadway, Suite 104, Kissimmee, FL 34741, who after being duly sworn on oath, hereby certifies, to the best of his knowledge, information and believed, to and for the benefit ofWESTSIDE COMMUNITY DEVELOPMENT DISTRICT (the "District"), its employees, agents, successors and assigns, as follows:
I, Santiago Machado, P.E., of the District Engineer, am a duly qualified and licensed professional engineer under the laws of the State of Florida license / registration No. 62992. I am authorized by Hanson, Walter and Associates, Inc., to sign this Certificate on its behalf.

The District Engineer serves, and has served since the formation of the District in 2004, as the engineer (also referred to as the "Consulting Engineers") to the Westside Community Development District, a community development district formed under Chapter 190, Florida Statutes, as a local unit ofspecial purpose government.
I, along with other professional engineers at District Engineer, have personally provided professional engineering services related to the District's bond issues and construction ofpublic improvements, and I have personal knowledge ofthe facts stated herein.

The District Engineer prepared, signed and sealed the Engineer's Report for Phases 1 & 2 dated November 2005 by the District (the "2005 Engineer's Report") in connection with the issuance by the District of its $17,525,000 Westside Community Development District Capital Improvement Revenue Bonds, Series 2005 (the "Series 2005 Bonds") and as such 2005 Engineer's Report was amended from time to time, including but not limited to the Final Engineer's Report for Phases 1, 2 and 3 dated October 29, 2007, as updated by the Engineer's Construction Progress Report revised April 1, 2011, and as may have been further amended to deal with the unexpected delays caused by the economic downturn and the defaults in the payment of assessments by certain landowners in the District and the failure of the original developer to provide required funding, describing the public improvements to be acquired and/or constructed by the District, which is referred to as the Total Project (collectively, the "Engineer's Report").

Page 1 of3

A portion of the Total Project referred to as Phase I was to be funded, in part with the proceeds of the Series 2005 Bonds (the "2005 Project").
The Master Trust Indenture dated as of February 1, 2005, (the "Master Trust Indenture") as supplemented by the Second Supplemental Trust Indenture dated as of December 1, 2005 (the "Second Supplemental Indenture") secured the issuance of the Series 2005 Bonds and require the Consulting Engineer to submit a certificate to the District and the Bond Trustee evidencing that the 2005 Project and all components thereof have been acquired or constructed and are capable ofperforming the functions for which they were intended.

1

As of the date of this Certificate, the 2005 Project and all components thereof, except for an insubstantial portion of the reuse irrigation infrastructure , have been acquired or constructed and are capable of performing the functions for which they were intended.
The reuse irrigation system is a part of the 2005 Project and is completed in all material respect with a final 20 linear feet of pipe under construction north of Funie Steed Road on Westside Boulevard to finish the connection to the reuse main. The reuse system is
anticipated to be completed by within the District's fiscal year 2018 and will be dedicated to the
TOHO Water Authority at that time. The cost to complete this final section of reuse system is estimated to be approximately $36,700 and is under contract by the District.
The cost to acquire and/or construct the 2005 Project is in excess of
$26,686,222.39
The representations, approvals and certifications of the District Engineer made prior to this date in connection with the Series 2005 Bonds are true and accurate in all material respects as of the date hereof; and all known obligations to be performed by the District Engineer under its agreements to the District and its known obligations under the documents related to the Bonds or under the Indenture prior to the date hereof, have been performed.
I understand that the Westside Community Development District; Latham, Shuker, Eden & Beaudine, LLP; and U.S. Bank, National Association, as Bond Trustee; their employees, agents, successors and assigns, are relying upon this certificate.

[SIGNATURE PAGE FOLLOWS]

1 The reuse irrigation system is a part of the 2005 Project is complete in all material respect with a final 20 linear feet of pipe under construction north of Funie Steed Road on Westside Boulevard being installed to finish the connection to the reuse main. The reuse system is anticipated to be completed by within the District's fiscal year 201 8 and will be dedicated to the TOHO Water Authority at that time. All costs of this reuse connection have been paid and, due to the small size and cost, this minor infrastructure element is insubstantial.
Page 2 of 3

SIGNATURE PAGE FOR CERTIFICATE OF DISTRICT ENGINEER
Completion of Westside Community Development District Series 2005
IN WITNESS WHEREOF, I have executed this Certificate as ofthe __ day of 	_ 2017.

DISTRICT ENGINEER: 
HANSON, WALTER & ASSOCIATES,
INC., a Florida corporation

By: _ 	_ 	_	_
Print Name: ---------	-
Title: 	_

STATE OF FLORIDA COUNTY OF OSCEOLA
SWORN TO AND SUBSCRIBED BEFORE ME this  	day of______
201 7, by 	, as 	_	__ of Hanson, Walter and Associates, Inc., a
Florida corporation, on behalfof the corporation. Said person is personally known to me or has produced a valid driver's license as identification.

Notary Public, State of Florida
Print Name: --------
My Commission Expires: -	-
My Commission No.: -	---

Page 3 of 3

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RESOLUTION 2018 - 04
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER FINDING THAT THE 2007 PROJECT IS COMPLETE; DETERMINING A DATE OF COMPLETION; DECLARING THE 2007 PROJECT COMPLETE; FINALIZING THE 2007 ASSESSMENTS; AND, PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
WHEREAS, on October 12, 2004, the Board of Supervisors ofthe Westside Community Development District (the "District") adopted Resolution 2005- 13, and as supplemented by Resolution 2007-12 adopted on September 17, 2007, the District authorized the issuance, sale and delivery of $17,510,000 of its Westside Community Development District Special Assessment Revenue Bonds, Series 2007 (the "Series 2007 Bonds") as a series of Bonds under the Master Trust Indenture dated as of February 1, 2005 (the "Master Indenture") and authorized the execution and delivery of the Third Supplemental Trust Indenture dated as of December 1, 2007 (the "Third Supplemental Indenture") to secure the issuance of the Series 2007 Bonds; and

WHEREAS, the Series 2007 Bonds were issued on as of December 1, 2007, in part, to finance the costs of the construction, installation and acquisition of the 2007 Project, which 2007 Project is a part of the Total Project as described in the "Final Engineer's Report for Phases 1, 2 and 3" dated October 29, 2007, as amended from time to time, including as updated by the Engineer's Construction Progress Report revised April 1, 2011 (the "Engineer's Report"); and

WHEREAS, due to economic downturn, a number of defaults in the payments of assessments by landowners, including the original developer, and the failure of the original developer to provide required funds, the completion of the 2007 Project, which was financed by the Series 2007 Bonds; and

WHEREAS, the 2007 Project has been completed, except for a small portion of reclaimed water infrastructure, which completion is underway and is being funded by private contributions; and

WHEREAS, pursuant to Article VIII of the Master Trust Indenture, the District is required to complete the acquisition and construction of the 2007 Project and maintain the 2007 Project thereafter.

WHEREAS, to determine a Date of Completion of the 2007 Project, as such term is defined in the Master Indenture, the District Engineer (also described as the "Consulting Engineer") has executed and delivered to the District and U.S. Bank, National Association, as successor Trustee, a certificate (the "Engineers' Certificate"), a copy of which is attached hereto as Exhibit A, stating that the 2007 Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they are intended; and

WHEREAS, Sections 1 70.08 and 1 70.09, Florida Statutes, and Resolution 2008-07 require that upon completion of 2007 Project, the District is required to adopt a resolution accepting the completion of the 2007 Project and, to determine the actual costs (including financing costs) thereofto finalize the 2007 Assessments.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:
Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.
Authority for this Resolution. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 1 90, Florida Statutes.
Acceptance and Certification of Completion of the 2007 Project. The Board of Supervisors hereby accepts the Engineer Certification, and upon reliance thereon, certifies the 2007 Project complete as of the date of the Engineer Certification (the "Date of Completion") in accordance with the Trust Indenture and Chapter 1 70, Florida Statutes.
Finalization of the 2007 Assessments. The District Engineer has determined that the actual cost to acquire and construction the 2007 Project is approximately $1 9,535,038. 19. Resolution 2008-07 adopted the Final Special Assessment Allocation Report dated November 19, 2007, which allocates assessments among units in the assessment area based upon a total project cost of $14,405,436, for a total bond amount, including costs, of $1 7,5 14,000. Since the construction cost of the 2007 Project exceeds $17,5 14,000, the finalized 2007 Project is greater than amount of the Series 2007 Bonds (upon which the 2007 Assessments were based) and therefore, the District finds that no credit or adjustment to the special assessments for 2007 Assessments shall be required.
Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.
Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.
Effective Date. This Resolution shall take effect immediately upon its adoption.

[R EMA INDER OFPAGE INTENTIONALLYBLANKJ

SIGNATURE PAGE TO RESOLUTION 2018 - 04

PASSED AND ADOPTED this 6th day of December 2017.

ATTEST:

By: 	

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By: 	

Name: 	_	_

Name:				 Title: 		 	_

Exhibit A:	Certificate of District Engineer

Exhibit A
Certificate of District Engineer

CERTIFICATE OF DISTRICT ENGINEER
As to the Completion ofthe 2007 Project

$17,510,000 Westside Community Development District Capital Improvement Revenue Bonds, Series 2007
(The "Series 2007 Bonds")

STATE OF FLORIDA COUNTY OF OSCEOLA
BEFORE  ME,  on  this __ day of 	_ , 2017, personally appeared Santiago Machado, P.E, (herein the "Engineer") of Hanson, Walter and Associates, Inc. (the "District Engineer"), with a business address of 8 Broadway, Suite 104, Kissimmee, FL 34741, who after being duly sworn on oath, hereby certifies, to the best of his knowledge, information and believed, to and for the benefit of WESTSIDE COMMUNITY DEVELOPMENT DISTRICT (the "District"), its employees, agents, successors and assigns, as follows:
I, Santiago Machado, P.E., of the District Engineer, am a duly qualified and licensed professional engineer under the laws of the State of Florida license / registration No. 62992. I am authorized by Hanson, Walter and Associates, Inc., to sign this Certificate on its behalf.

The District Engineer serves, and has served since the formation of the District in 2004, as the engineer (also referred to as the "Consulting Engineers") to the Westside Community Development District, a community development district formed under Chapter 190, Florida Statutes, as a local unit ofspecial purpose government.

I, along with other professional engineers at District Engineer, have personally provided professional engineering services related to the District's bond issues and construction ofpublic improvements, and I have personal knowledge ofthe facts stated herein.

The District Engineer prepared, signed and sealed the Final Engineer's Report for Phases 1, 2 and 3 dated October 29, 2007 (the "2007 Engineer's Report) in connection with the issuance by the District of its $17,510,000 Westside Community Development District Capital Improvement Revenue Bonds, Series 2007 (the "Series 2007 Bonds"), as updated by the Engineer's Construction Progress Report revised April 1, 2011, and as may have been further amended to deal with the unexpected delays caused by the economic downturn and the defaults in the payment ofassessments by certain landowners in the District and the failure of the original developer to provide required funding, describing the public improvements to be acquired and/or constructed by the District, which is referred to as the Total Project (collectively, the "Engineer's Report").
A portion of the Total Project referred to as Phase II was to be funded, in part with the proceeds of the Series 2007 Bonds (the "2007 Project").

Page 1 of3

The Master Trust Indenture dated as of February 1, 2005, (the "Master Trust Indenture") as supplemented by the Third Supplemental Trust Indenture dated as of December 1, 2007 (the "Third Supplemental Indenture") secured the issuance of the Series 2007 Bonds and require the Consulting Engineer to submit a certificate to the District and the Bond Trustee evidencing that the 2007 Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended.

1

As of the date of this Certificate, the 2007 Project and all components thereof, except for an insubstantial portion of the reuse irrigation infrastructure , have been acquired or constructed and are capable of performing the functions for which they were intended.
The cost to acquire and/or construct the 2007 Project is in excess of
$19,535,038.19 
The representations, approvals and certifications of the District Engineer made prior to this date in connection with the Series 2007 Bonds are true and accurate in all material respects as of the date hereof; and all known obligations to be performed by the District Engineer under its agreements to the District and its known obligations under the documents related to the Bonds or under the Indenture prior to the date hereof, have been performed.
I understand that the Westside Community Development District; Latham, Shuker, Eden & Beaudine, LLP; Governmental Management Services - Central Florida, LLC; and U.S. Bank, National Association, as Bond Trustee; their employees, agents, successors and assigns, are relying upon this certificate.

[SIGNATURE PAGE FOLLOWS]

1 The reuse irrigation system is a part of the 2007 Project is complete in all material respect with a final 20 linear feet of pipe under construction north of Funie Steed Road on Westside Boulevard being installed to finish the connection to the reuse main. The reuse system is anticipated to be completed by within the District's fiscal year 20 I 8 and will be dedicated to the TOHO Water Authority at that time. All costs of this reuse connection have been paid and, due to the small size and cost, this minor infrastructure element is insubstantial.
Page 2 of 3

SIGNATURE PAGE FOR CERTIFICATE OF DISTRICT ENGINEER
Completion of Westside Community Development District Series 2007

IN WITNESS WHEREOF, I have executed this Certificate as of the
-----	-' 2017. 

__ day of

DISTRICT ENGINEER:
HANSON, WALTER & ASSOCIATES,
INC., a Florida corporation

By:  	
Print Name:  -- ---- -----
Title: 	_

STATE OF FLORIDA COUNTY OF OSCEOLA
SWORN TO AND SUBSCRIBED BEFORE ME this __ day of_	 	_,
2017, by 		_, as 	of Hanson, Walter and Associates, Inc., a
Florida corporation, on behalf of the corporation. Said person is personally known to me or has produced a valid driver's license as identification.

Notary Public, State ofFlorida
Print Name: -----	--
My Commission Expires: 	_
My Commission No.: -----

Page 3 of 3

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Westside
Community Development District

Summary of Check Register
October 20, 2017 to November 28, 2017

	Fund	Date	Check No.'s	Amount		

General		
10/20/17	
1280-1286	
$	
13,533.07	
		11/01/17	1287	$	53,750.00	
		11/03/17	1288-1290	$	12,772.26	
		11/17/17	1291-1294	$	1,707.35	
		11/20/17	1295-1298	$	8,193.05	
				$	89,955.73	

$	89,955.73 1

A*P* 3* 00R	YEA*R*-*TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN   11/28/17	PAGE	1

CHECK DATES 10/20/2017 - 11/28/2017 

WESTSIDE CDD - GENERAL FUND BANK A WESTSIDE COD

CHECK  VEND#	• • . • . INVOICE . . . . .   . . • EXPENSED TO . . .		VENDOR NAME DATE		DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
10/20 /17   00035	10/02 /17   7 S0P7E3C4 IAL  D2 I0S1T7R1 I0CT3 1F0E-E5-1F3Y0 01-8 54000 

STATUS
*

AMOUNT
175 .00

• • • • CHECK . . . • • AMOUNT	#

- - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - -DE-PARTMENT  OF  ECONOMIC  OPPORTUNITY 10/20/17  00006	10/10/17 5-955-45 201710 310-51300-42000 

- - - - - - - - - - - - 1-7 5-. 0-0   001280 
*	246 . 68

- - - - - - - - - - - -

DELIVERY  10/4/17	FEDEX

- - - - - - - - - - - -2-46 -. 6 -8   001281 

- - - - - - - - - - - - - - - - -

10/20/17 00001	10/18/17 277	201710 32 0-53 800-49100 

*	151 . 55

- - - - - - - - - - -

CALABRIA  STOP SIGN RPR	GOVERNMENTAL MANAGEMENT SERVICES

- - - - - -

- - - -

151 .55 00 1282 

10/20/17  00022	10/04/17 260872	201709 310-51300-3 1100 

*	95 . 00

- - - - - - - - - - - - - - - - - - - - - - - - - - -

COD MEETING	HANSON, WALTER & ASSOCIATES , INC .

- - - - - - - - - -

95 .00 0012B3 

10/20/17  00060	10/04/17 121	201710 31 0-51300-31300	*
- - - - - - - - - - - - F-Y18  DISSEMIN . -2005/2007	LERNER  REPORTING  SERVICES   INC

6,000 . 00
-

6,000 .00 001284 

- - - - - - - - - - - - - -

*	- - - - - - -

- - - - - - -

10/20/17  00029	10/13/17 78421	201709 310-51300-31500 
- - - - - - - - - - - - - MEET-/AS-MN-T  HEAR  RES/ISSUE	LATHAM, SHUKER, EDEN  &   BEAUDINE ,   LLP

- - - -

1, 043 .69

1, 043 .69 001285 

- -	- - - - - - - - - -

*	-	- - - - - - - - - -

10/20/17  00007	10/06/17  10062017  201709 310-51300-48000 
NOTICE OF PUBLIC HEARING 10/06/17  10062017  201709 310-51300-48000 
NOTICE OF RES 2017-10 
10/06/17 10062017 201709 310-51300-48000 

- - - - - - - - - - - - - - - -

- - - - - - - - -

NOTICE-O -F  M-EETINGS   FY18	ORLANDO  SENTINEL

3, 140 .42
*	2,405 . 06
*	275 .67
- - - - - - - - - - -5-, 82-1 -. 1 -5   0012B6 

11/01/17 00050	11/01/17 11012017 201711 310-513 00-49300 

*	53 , 750 .00

- - - - - - - - - - - - -

4-TH  -SETTLEMENT  PMT-NOV17 - -J-R.   DAVIS   CONSTRUCTION  COMPANY ,   INC

- - - - - - - - - - -53 -,7 -50 -.0 -0   001287 

-	- - - - - - - - -

*	600 . 00

- - - - - - - - - - - - - - - - - - - - - - -

11 /03/17  00056	10/31/17  9220	201710 320-53800-46400 

- - - - -

STORMWATER  POND MTN OCT17	AQUATIC WEED MANAGEMENT, INC .

- - - - - - - - - - - -6-00-. 0-0   001288 

11 /03/17 00001	11 /01/17 278	201711 310-51300-34000 
MANAGEMENT FEES NOV17
11/01/17 278	201711 310-51300-35100 
INFO TECHNOLOGY NOV17
11 /01/17 27B	201711 310-51300-51000 OFFICE SUPPLIES

*	3, 315.33
*	83 .33
*	17 . 95

WEST  WESTSIDE  BPEREGRINO

A*P* 3* 00R	YEA*R* -*TO-DATE  ACCOUNTS   PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN   11/28/17	PAGE	2

CHECK DATES 10/20/2017 - 11 /28/2017 

WESTSIDE COD - GENERAL FUND BANK A WESTSIDE CDD

CHECK  VEND#	• • . • • INVOICE • • • • •  • . . EXPENSED TO . . .		VENDOR NAME DATE		DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
11 /01/17  278	201711 310-513 00-42000 

AMOUNT

STATUS

*	24 .03

• . • • CHECK• • • • • AMOUNT	#

11 /01/17 
11 /01/17 

POSTAGE 278 

- - -

- - - - - - - -

COPIES 279 

201711 310-51300-42500 
201711 32 0-53800-49000 

*	76 .95
*	1, 547 . 17

- - - - - - - - - - - -

F-IELD  MAN-AG-EM-ENT  NOV17	GOVERNMENTAL  MANAGEMENT  SERVICES

5,064 . 76 001289 

11 /03/17  00039	11 /01/17  186513	201711 320-53 800-46200	*	7, 107. 50

- - - - - - - - - - - - -

LANDSCAPE  M-A-INT  NOV 1-7 

- - -YE-LLOWSTONE  LANDSCAPE

7, 107 .50 001290 

-  - - - -	- - -	*

11 /17/17 00006	10/31/17 5-978-77 201710 310-51300-42000 
DELIVERY  10/25/17	FEDEX

54 . 14

54. 14 001291 

- - - - - - - - - - - - - - - - - - - - - - - - - - - -
11 /17/17 00022	11 /06/17 26 1289	201710 310-513 00-3 1100 

- - - - - - - - - - - - - - -
*	190 . 00

- - - - - - - - - - - - - - - - - - - - - - -

- - - - -

MEETING/CONTRACTOR MEETIN HANSON, WALTER & ASSOCIATES , INC .

- - - - - - - - - - - -1-90 -. 0-0   001292 

11/17/17  00029	11 /13/17 78727	201710 310-51300-31500	*
MEET/HEARING/DTE/ESTOPPEL LATHAM, SHUKER, EDEN & BEAUDINE , LLP

1,459 .29

1,459 .29 001293 

- - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/17/17 00036	11/02/17  11022017  201711 310-51300-49200 

- - - - - - - - - - - - - - - - - -
*	3. 92

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - -

- - - - -

P-ROPERTY  TAX  -   2017	BRUCE  VICKERS , TAX  COLLECTOR

- - - - - - - - - -

3. 92 001294 

11 /20/17  00016	1/13/17 11 132017 201711 300-20700-10000 

- - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - -

FY17  UNU-SED  FEES/INTERST	WESTSIDE   COD  C/0  USBANK

*	1,580.68 
- - - - - - - - - - -1 -, 5-80 -. 68-

001295 

11/20/17 00016	11 /13/17  11132017 201711 300-20700-10000	*	1, 960. 42

- - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - F-Y-17-U-NU-SED-

ES/ INTEREST	WESTSIDE COD C/0 USBANK

- - - - - - - - - - -1-,9 -60 -. 4-2   001296 

11 /20/17  00016	11 /13/17 11132017 201711 300-207 00- 10000 

- - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - -

FY18  DEBT- ASMNTS   -  DS2 007	WESTSIDE  COD  C/0  USBANK

*	2,627 .60
- - - - - - - - - - -2 -, 6-27 -.6 -0   001297 

11/20/17 00016	11 /13/17  11132017 201711 300-20700-10000	* FY18 DEBT ASMNTS - DS2005 WESTSIDE COD C/0 USBANK
TOTAL FOR BANK A WEST WESTSIDE BPEREGRINO

2, 024 .35

89, 955 . 73

2, 024 .35 001298 

A*P*3* 00R	YEA*R*-*TO-DATE  ACCOUNTS  PAYABLE   PREPAID/COMPUTER  CHECK  REGISTER

RUN 11/28/17 

PAGE	3

CHECK DATES 10/20/2017 - 11/28/2017 

WESTSIDE COD - GENERAL FUND BANK A WESTSIDE COD

CHECK VEND#	• • • • • INVOICE . • . . •  • • • EXPENSED TO . . .		VENDOR NAME DATE		DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

STATUS

AMOUNT

. . . . CHECK . . . . . 
AMOUNT	#

TOTAL FOR REGISTER	89, 955 . 73

WEST  WESTSIDE  BPEREGRINO

Westside
Community Development District
Unaudited Financial Reporting October 31, 2017

Table of Contents

 	Balance Sheet

 	General Fund Income Statement

 	Series 2005 Debt Service Fund Income Statement

 	Series 2007 Debt Service Fund Income Statement

 	Capital Projects Fund Income Statement

 	Capital Reserve Fund

 	Month to Month

 	Long Term Debt Summary

9-10	 	Assessment Receipt Schedule

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT COMBINED BALANCE SHEET
October 31, 2017

      GENERAL		
DEBT SERVICE
     SERIES 2005 	
DEBT SERVICE
     SERIES 2007 	CAPITAL PROJ ECTS SERIES 2005	CAPITAL PROJECTS
   SERIES 2007 	
CAPITAL
      RESERVE		

 	TOTALS		
ASSETS CASH	
$	709,863	
$	$	$	$	27,085	$	5,001	$	741,948	
INVESTMENTS
CONSTRUCTION FUND		
393	
DEFERRED COST		12,032	3,663	15,695	
RESERVE FUND		566,273	713,910	1,280,183	
REVENUE FUND		1,410,274	814,406	2,224,680	
PREPAYMENT FUND		1,790,034	551,459	2,341,494	
SBA
DUE FROM GENERAL FUND DUE FROM DEBTSERVICE FUND ASSESSMENT RECEIVABLE	5,012

 		148,902.07	153,914

 	1,581	 	1,960	 	 	 		 	3,541 	
TOTAL ASSETS	$	714,875	$	3,780,194	$	2,085,399	$	393	$	27,085	$	153,903	$	6,761,848	

LIABILITIES & FUND BALANCES			
LIABILITIES  ACCOUNTS PAYABLE	
$	2,303	
$	$	$	$	$	$	2,303	
DUE TO DEBT SERVICE	3,541	3,541	
DUE TO OTHER SPE		23,173	23,173	
ACCRUED INTEREST PAYABLE 2005		474,459	
ACCRUED INTEREST PAYABLE 2007		2,327,760	2,327,760	
ACCRUED PRINCIPAL PAYABLE 2005		2,260,000	2,260,000	
ACCRUED  PRINCIPAL PAYABLE 2007	 		 		 	745,000 		 		 		 	745,000 	
TOTAL LIABILITIES	 	5,845	 	2,757,631 	 	3,072,760 	 		 		 		 	5,836,236 	

474,459

FUND BALANCES

RESTRICTED FOR CAPITAL PROJECTS				393	27,085	153,903	181,380	
UNASSIGNED	709,030					709,030	
TOTAL FUND BALANCES	709,030	1,022,562	(987,361)	27,085	153,903	925,612	
TOTAL LIABILITIES & FUND BALANCES	$	714,875	$	3,780,194	$	2,085,399	$	$	27,085	$	153,903	$	6,761,848	

RESTRICTED FOR DEBT SERVICE	$	$	1,022,562	$	(987,361)	$	$	$	$	35,201

REVENUES:
Maintenance Assessments-On Roll
Maintenance Assessments-Off Roll Interest Income

WESTSIDE CDD COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2017
Adopted	Prorated Budget
Bud et	Thru 10/31/17

$218,183	$0
$463,547	$24,257
$200	$17

Actual
Thru 10/31/17	Variance

$0	$0

$30

$13

$24,257	$0

Miscellaneous Revenue (Non-payment Interest Revenue)
TOTAL REVENUES
EXPENDITURES: ADMINISTRATIVE
Supervisor Fees FICA Expense
Engineering Fees

$0	$0
$681,930	$24,274

$77

$12,000	$1,000

$875

$918
$10,500

$0	$0
$24,287	$13 I

$31

$400	$600
$190	$685

legal Services Arbitrage

$40,000	$3,333

$3,315

$1,200	$0

$1,4S9
$0

$1,874

Management Fees Information Technology Dissemination
Trustee
Assessment Roll Services Auditing Services Telephone
Postage and Freight Insurance - General liability Printing and Binding
Legal Advertising
Miscellaneous Services Office Supplies
Property Appraiser's Fee Property Taxes

Settlement Agreement Payments	$53,750	$0	$0	
TOTAL ADMINISTRATIVE	$197,012	$29,693	$24,842	

Dues, Licenses, Subscriptions

OPERATIONS AND MAINTENANCE
Landscape Maintenance Irrigation Repairs

Lake & Wetland Maintenance	$30,000	$2,500
$1,250	$152
$0	$2,348
$1,250	
Stormwater/Lake Repair	$148,098
TOTAL OPERATION AND MAINTENANCE	$484,918	
$29,077	$0
$17,269	$0
$11,807	
TOTAL EXPENDITURES		$681,930	$42,111	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES		$0	($17,825)	
FUND BALANCE, BEGINNING		$0	$726,855		
FUND BALANCE, ENDING			$709,030	
	
2			

Plant Replacement Electric Streetlighting Irrigation Water Property Insurance Field Management
Misc. Contingency Transfer Out

$39,784

$6,000	$0

$1,000	$6,000
$6,000
$5,000	$5,000
$3,975	$0
$100	$8
$2,250	$188
$8,600	$8,600
$2,000	$167
$1,500	$125
$1,250	$104
$400	$33
$600	$600
$10	$10
$175

$87,855	$7,321
$15,000	$1,250
$30,000	$2,500

$4,583

$1,500	$125

$5,000

$55,000

$1,100	$1,547

$60,000	$1,100

$1,900

$18,566
$22,800
$15,000

$3,315	($0)
$83	$0
$6,000	$0
$0	$0
$5,000	$0
$0
$11	($3)
$329	($141)

$69

$7,736	$864
$97
$0	$125
$42	$62
$1	$32
$0	$600
$0	$10
$175	$0
$0
$4,852 l
$7,108	$214
$0	$1,250
$0	$2,500
$49	$77
$4,316	$268
$2,576	$2,424
$923	$177
$1,547	($0)
$600	$1,300

WESTSIDE COD
COMMUNITY DEVELOPMENT DISTRlCT DEBT SERVICE SERIES 2005
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2017

REVENUE

Assessments-On Roll Assessments-Off Roll
Assessments-Accelerated
Other Debt Service Funds Interest
Transfer In
TOTAL REVENUE EXPENDITURES

Interest - 11/1 Interest - 5/1 Principal - 5/1
TOTAL  EXPENDITURES OTHER FINANCING SOURCES

Other Debt Service Cost Transfer In (Out)
TOTAL OTHER FINANCING SOURCES (USES)

Adopted	Prorated Budget
Budget	Thru 10/31/17

$276,643	$0
$163,560	$0
$774,584	$0
$11,442	$953
$0	$0
$0	$0
$1,226,228	$953

$410,614	$0
$410,614	$0
$40S,OOO	$0
$1,226,228	$0

$0	$0
$0
$0	$0

Actual
Thru 10/3 1/17	Variance

$0
$0	$0
$0	$0
$0	($953 )
$2,037	$2,037
$0	$0
$2,037	$1,083 I

$0	$0
$0	$0
$0	$0
$0	so '

($5,138)	($5,138)
$0	$0
($5,138)	($5,13si1

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$0
FUND BALANCE, BEGINNING	$0
FUND BALANCE, ENDING	$0

3

($3,lOlj
$1,025,663
$1,022,562

WESTSIDE CDD COMMUNITYDEVELOPMENT DISTRICT DEBT SERVICE SERIES 2007
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2017

Adopted	Prorated Budget
Budget	Thru 10/31/17

Actual
Thru 10/31/17	Variance

REVENUE

Assessments - On Roll Assessments - Off Roll Assessments - Accelerated Other Debt Service Funds
Bondholder Contributions Land Sale Proceeds Interest
Transfer In SPE
TOTAL REVENUE EXPENDITURES

Interest - 11/1 Interest - 5/1 Principal - 5/1
TOTAL   EXPENDITURES OTHER FINANCING SOURCES
Other Debt Service Cost Transfer Out

TOTAL OTHER FINANCING SOURCES (USES)

$346,860
$59,897	$0
$1,020,603	$0
$8,600	$717
$0	$0
$0	$0
$0
$0	$0

$1,435,960	$717

$555,480	$0
$555,480	$0
$325,000	$0

$1,435,960	$0

$0	$0
$0	$0

$0

$0	$0
$0	$0
$0	$0
$0	($717)
$0	$0
$0
$1,126	$1,126
$0	$0
$1,126	$409 I

$0	$0

$0	$0
$0	so I

($5,138)	($5,138)
$0	$0
!$5,138)	(ss.13sil

EXCESS  OF REVENUES OVER (UNDER) EXPENDITURES	$0

FUND BALANCE, BEGINNING	$0

FUND BALANCE, ENDING	$0

4

!$4,012)

!$983,349)

($987,361)

WESTSIDE CDD           COMMUNITY DEVELOPMENT DISTRICT CAPITAL PROJECTS SERIES 2005 & 2007 STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2017

REVENUE
Interest
TOTAL REVENUE EXPENDITURES
Bank Fees
TOTAL EXPENDITURES OTHER FINANCING SOURCES
Transfer In

Series
2005

$0
$0

$0
$0

$0

Series
2007	Total

$1	$1
$1	s1 I

$25

$25 s25 1

$0	$0

TOTAL OTHER FINANCING SOURCES (USES)	$0
EXCESS OF REVENUES OVER {UNDER) EXPENDITURES	$0
FUND BALANCE, BEGINNING	$392

$393

FUND BALANCE, ENDING

$0	so I
($24)	($24)1
$27,109	$27,502 I
$27,085	s21,41s 1

5

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT CAPITAL RESERVE FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 3 1, 2017

REVENUE
Transfer In Interest
TOTAL REVENUE EXPENDITURES
Capital Outlay
TOTAL EXPENDITURES

Proposed	Prorated Budget
Budget	Thru 10/31/17

$148,098	$0
$0	$0
$148,098	$0

$0	$0
$0	$0

Actual
Thru 10/31/17	Variance

$0	$0
$172	$172
$172	$172 I

$0	$0
$0	$0

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$148,098
FUND BALANCE, BEGINNING	$148,703
FUND BALANCE, ENDING	$296,800

6

$172
$153,731
$153,903

Oct

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT
Dec	Jan	Feb	Mar

May	Jun	Jul	Aug	Sept	Total

REVENUE
Maintenance Assessments-On Roll	$0	$0	$0	$0	$0	$0

$0	$0	$0	$0	so

Maintenance Assessments• Off Roll	S24,257	$0	so	$0	so	$0	$0	so	so	so	$24,257
Interest Income	S30	so	$0	$0	so	$0	so	so	so	$0	$0	$30

Miscellaneous Revenue

$0	$0	$0

$0	$0	$0	$0	$0	$0	so	so

TOTAL REVENUE	I	$l◄,287	so	so	$0	so EXPENDITURES
ADMINISTRATIVE

so	so	$0	$0	so	$0	S24,287 I

Supervtsor Fees	S400	so	$0	$0	$0	$0	$0

$0	$0

$0	$400

Flea Expense

so	$0	$0	so	so	$0	$0	so	$0	so	$0	$31

Engineering Fees	$190

So	so	so	$0	$0

$0	so	$0

$190

Legal Fees

so	so	$0	so	so	so

so	$0	$0	$0	Sl,459

Arbitrage	$0	so

$0	$0	$0	so	so	so

$0	$0	so

Management Fees	$3,315	$0	so	$0	so	$0	so	so	$0	so	$0	S3,315

Information Technology

so	$0	$0	$0	$0	$0

$0	$0	$0	$0

Dissemination	$6,000	so	so	so	so	so	$0	so	$0	so	so	so
Trustee	$0	$0	$0	$0	so	so	$0	so	$0	so	$0	$0	so

Assessment Roll Services	$5,000

$0	so	$0	so	$0	$0	$0	so	so

Auditing Services	so	$0	$0	$0	so	$0	$0	$0	so	$0	$0	$0

$329

Telephone	Sll	so	so	so	$0	$0	so

$0	so	so

Sll

Postage and Freight

so	$0	$0	$0	$0	so	so	$0	$0	$0	$0	$329

$69

Insurance - General Liability	$7,736	so	$0	so	so

so	so

so	$0

$7,736

Printing and Binding	$69	so	so	so	$0	so	so	$0	so	so	$0
legal Advertising	$0	$0	$0	$0	$0	$0	$0	so	$0	$0	so	$0	so

Miscellaneous Services	$42

$0	so	so	so	so	$0	so	so	S42

Office Supplies	$1	so	so	$0	$0	$0	$0	$0	so	$0	so	so	Sl

PropertyAppraiser's Fee	so

$0	$0	so	$0	$0	$0	$0	so	$0	$0	$0

Property Taxes	$0	$0	$0	$0	$0	so	$0	so	$0

$0	$0

Dues, licenses, Subscriptions	$175	so	so	so

$0	$0	so	$0	$0	$0

$175

Settlement Agreement Payments	$0	$0	$0	$0	so	so	so	so	$D	so	$0	so	so

TOTAL ADMINISTRATIVE	I	S24,842 OPERATIONS AND MAINTENANCE

$0	so	so	$D	$0

$D	$0

$0	$24,842 1

Landscape Maintenance	$7,108	$0	so	so	$0	so	$0	so	$0	$D	$0	so	$7,108
Irrigation Repai�	$0	$0	$D	$0	$D	$0	$0	$0	$0	$0	$0	$0	$0

$49

Plant Replacement	$0
Electric

so	so
$0	$0	$0	$0

$0	$0	$0	$0	So	$0	$0
$0	$0	$D	so	so	$0

Streetlfghting	$0	$0	$0	$0	$D	$0	$0	$0	$0	$0	$0

Irrigation Water

$0	$0	$0	$0

$0	$0	$D	$0	$0	$2,576

$1,547

Property Insurance	S923	$0	$0	$D	$0	$0	$0	$D	$0	$0	$0	$923
Field Management	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,S47

lake & Wetland Maintenance	$600	$0	so	$0	so	$D	$0	$0	$0	$0
Misc. Contingency	$152	$0	so	$0	$0	$0	$0	so	$0	so	$0

so	$600
$152

Stormwater/Lake Repair	$0	so	so	$0	$0	$0	so	$0	$0	$0	$0	$0

Transfer Out	$0

$0	so	$0	$0	$0	$0	$0	$0	so	so	$0

TOTAL OPERATIONS AND MAINTENANCE	I	Sl 7,269	so	$D	$0

$0	$0	$0	$0	$D	$0

TOTAL EXPENDITURES	I	$42,111	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$42,111 I
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES I	(Sl7.B25}	so	so	$D	$0	$0	so	$0	$0	so	$0	so	($17,825)1

7

WESTSIDE
Community Development District
LONG TERM DEBT REPORT

SERIES 2005, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATE:	5.65%	
MATURITY DATE:	5/1/2037	
RESERVE FUND DEFIN ITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREME NT	$1,214,786	
RESERVE FUND BALANCE	$566,273	
BONDS OUTSTANDING - 9/30/13	$17,050,000	
LESS: PRINCIPAL PAYMENT 5/1/14	$0	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16	($255,000)	
CURRENT BONDS OUTSTANDING	$16,795,000	

SERIES 2007, SPECIAL ASSESSMENT REVENUE BONDS

I NTEREST RATE:	7.20%	
MATURITY DATE:	5/1/2038	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$1,427,620	
RESERVE FUND BALANCE	$713,910	
BONDS OUTSTANDING - 9/30/13	$17,340,000	
LESS: PRINCIPAL PAYMENT 5/1/14	$0	
LESS: PRINCIPAL PAYMENT 11/1/14 (PREPAYMENT)	($550,000)	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYM ENT 4/1/16	($615,000)	
LESS: PRINCIPAL PAYMENT 11/1/16 (PREPAYMENT)	($40,000)	
CURRENT BONDS OUTSTANDING	$16,135,000	

8

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT
SPECIAL ASSESSMENT RECEIPTS - FY2018 TAX COUECTOR

s

Gross Assessments $	940,503  s	281,203   $	294,300   $	365,000
Net Assessments $	884,072  $	264,330	276,642  $	343,100
2005	2007
Date		Gross Assessments	Discounts/	Commissions	Interest	Net Amount	General Fund   Debt Svc Fund  Debt Svc Fund	Total Received	Dist.		Received		Penalties		Paid	Income		Received		29.90%	31.29%	38.81%	100%
1119117	ACH	$	7,294.57   $	385.80   $	138.18  $	$	6,770.59  $	2,024.35   $	2,118.64  $	2,627.60   $	6,770.59

s	$	$	$$

11/24117	ACH	$	74,305.25    s	2,971.93   $	1,426.67   $	$	69,906.65   $s

20,901.52  s	21 ,875.04  $	27,130.10  $	69,906.65
s	$	s

$	s	$	$	$	s	$	s	$ s	$	s	$	$	$	$	$	$ s	s	$	$	$	$	$	$	$
$	$	$	$	$	$	$	s
$	$	$	$	$	$	$	$	$

s

$	$	$	$	$	$	$	$	$
$	$	$	$	$	$	$	$

$	$	$		$	s$$	$		$

$	$	$	$	$	$	$	$	$
$	$	$	$	$	$	$	$	$

s	s

$	$	$	s	s	s	$	$	$
$	$	$	$	$	$	$

s

$	$	$	$	$	$	$	$	$
$	$	$	$	$	$	$	$
Totals	$	81 ,599.82  $	3,357.73  $	1,564.85	76,677.24	22,925.87	23.993.67   $	29,757.70	76,677.24

DIRECT ASSESSENTS

DOUGLAS WESTSIDE LLC	$	48,514.15	$     48,514.lS  $	$
DATE	DATE	Check	NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 200S	SERIES 2007 RECEIVED	DUE		Num		ASSESSED		RECEIVED
10/31/17	11/1/17	5987	$	24,257.07    $    24,257.08    $   24,257.08   $	$
2/1/18	$	12,128.54  $	$	$	$
511/18	 	$	12,128.54   $	$	 $	$
$	48,514.15  $    24,2S7.08   $    24 257.08  $	$

HOVHANIAN MAGNOLIA AT WESTSIDE LLC	$	14,330.83	s  14,330.83   $	$
DATE	DATE	Check	NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 2005	SERIES 2007

s	s

    RECEIVED	DUE	Num	ASSESSED	RECEIVED

s	s	s	s

11/1/17	7,165.41   $	$	$

511/18	s	3,582.71   $	$	s	$

2/1/18	3,582.71	$
Total	s	14,330.83  $	$	$	$
KB HOMES ORLANDO	s	22,0S4.79	$    22,054.79   $	$
DATE	DATE	Check	NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 2005	SERIES 2007
 	RECEIVED		DUE	Num	ASSESSED	RECEIVED

s

11/6117	11/1/17	8709111	$	11,027.39   $     11,027.39   $    11,027.39   $	$

s

2/1/18	$	5,513.70   $	$	$
511/18	 $	5,513.70   $	$	$
Total	$	22,054.79  $   11,027.39  $  11,027.39  $	$
GOLDEN CAY LLC			s		91,611.84		$  18,340.72  $  52,640.00  $   20,631.12 DATE	DATE	Check		NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 2005	SERIES 2007

s

RECEIVED	DUE	Num	ASSESSED	RECEIVED	  

s

11/1/17	$	45,805.92	$	$	$

s	s

2/1118	$	22,902.96   $	$	$
 	511/18	 		$ 	22,902.96   $	$
Total	$	91,611.84 $	$	$	$

GREEN GATE LAGOON LLC			s		lBS,092.20		$ 34,906.52 $ 110,920.00  $  39,265.68 DATE	DATE	Check		NET AMOUNT	NET AMOUNT  GENERAL FUND SERIES 2005	SERIES 2007
RECEIVED	DUE	Num	ASSESSED	RECEIVED

s	s

11/1/17	$	92,546.10   $	$	$	$

s

211118	$	46,273.05	$	$
 	511118		$	46,273.05   $	$	$
Total	$	185,092.20 $	$	$	$

9

LAND ACQUISITION ONE LLC	$	43,485.25	43,485.25   $	$

s

DATE	DATE	Check		NET AMOUNT		NETAMOUNT  GEIIIERAL FUND   SERIES 2005	SERIES 2007 RECEIVED		DUE		Num	 		ASSESSED		RECEIVED
11/1/17	$	21,742.62   $	$	$
2/1118	$	10,871.31   $	$	$	$
511118	$	10,871.31   $	$	$	$
Total	$	43,485.24   $	$	$	$ 	

WESTSIDE CDD HOLDINGS, INC.	$	119,658.38	$   119,658.38   $	$
DATE	DATE	Check	NET AMOUNT		NET AMOUNT   GENERAL FUND   SERIES 2005	SERIES 2007 RECEIVED	DUE	Num		ASSESSED		 RECEIVED	
11/1/17	$	59,829.19   $	$	$	$
211118	$	29,914.60   $	$	$	$
 	511/18	$	29,914.60   $	$	$	$	
Total	$	119,658.38   $	$	$	$

WESTSIDE COD HOLDINGS, INC.	$	84,012.31	$     84,012.31   $	$

s	s

DATE	DATE		Check		NET AMOUNT	NETAMDUNT   GENERAL FUND  SERIES 2005	SERIES 2007 RECEIVED	DUE	 		Num			ASSESSED		RECEIVED
11/1/17	$	42,006.lS	$	$
2/1118	$	21,003.08   $	$	$	$
511118	$	21,003.08   $	$	 $	$
Total	$	84,012.31   $	$	$	$

MATTAMY ORLANDO LLC	$	18,971.47	$      18,971.47   $	$
DATE	DATE	Check	NET AMOUNT	NET AMOUNT   GENERAL FUND   SERIES 2005	SERIES 2007 RECEIVED		DUE	Num		ASSESSED		RECEIVED
11/1/17	$	9,485.73   $	$	$	$
2/1118	$	4,742.87   $	$	$	$
511118	$	4,742.87   $	$	 $	$
Total	$	18,971.47	$	$	$	$	
LAND ACQUISITION ONE LLC	$	13,124.79	$ 13,124.79	$	$	
DATE	DATE	Check	NET AMOUNT	NET AMOUNT   GENERAL FUND   SERIES 200S	SERIES 2007	
RECEIVED	DUE	Num	ASSESSED	RECEIVED	
	11/1/17		$	6,562.39	$	$	$	$	
	2/1/18		$	3,281.20	$	$	$	$	
 		5/1118	$		3,281.20   $	$	$		 Total		$	13,124.79   $	$	$	$

SUMMARY	TOTAL	GENERAL FUND	SERIES 2005	SERIES 2007	
TAX ROLL ASSESSED AMOUNT	$	884,072.43	$ 264,330.43	$ 276,642.00 $ 343,100.00	
DIRECT BILLED AMOUNT	$	640,856.01 $417 399.21 	$163,S60.00	$59,896.80	
	$	1,524,928.44  $ 681,729.64
$	76,677.24   $   22,925.87
$	24,257.08   $	24,257-.08
$	$
$	11,027.39 $ 11,027.39
$	$	-
$	$
$	$
$	$
$	$
$	$
$	$	$   440,202.00   $ 402,996.80
$	23,993.67   $    29,757.70
$	$
$	$
$	$
$	$
$	$
$	$
$	$
$	$
$	$
$	$	
TOTAL			
TAX ROLL ASSESSMENTS COLLECTED			
DOUGLAS WESTSIDE LLC			
HOVHANIAN MAGNOLIA AT WESTSIDE LLC			
KB HOMES ORLANDO			
GOLDEN CAY LLC			
GREEN GATE LAGOON LLC			
LANDACQUISITION ONE LLC			
WESTSIDE COD HOLDINGS, INC.			
WESTSIDE COD HOLDINGS, INC.			
MATTAMY ORLANDO LLC			
LAND ACQUISITION ONE LLC			
DIRECT BILLASSESSMENTS COLLECTED	$	35,284.47	$ 35,284.47	$	$	
VARIANCE	$	1,412,966.73	$ 623,519.31	$ 416,208.33 $ 373,239.10	

10 

Westside CDD FY 20 18 
Direct Bill Status

District	Landownder	Total O & M

18-25-27-3160-000A-0080			Nov	$59,829.19	$0.00	$59,829.19 Paid -11/27/17	
(Former Fairwinds)	2005	$0	Feb	$29,914.60	$0.00	$29,914.60 Paid - 11/27/17	

Westside	Wests ide COD Holdings:	$1 19,658

Total Debt

Total Due
$0	$119,658

O&M	Debt	Total	Paid

2007

07-25-27-3160-000C-0115, 18-25-27-3 160-0008-0095			Nov	$1 1,027.40	$0.00	$11,027.40 Paid 11/6/17	
	2005	$0	Feb	$5,513.70	$0.00	$5,513.70	

KB	$22,055

$0

$22,055

May
Total

$29,914.60	$0.00	$29,914.60 Paid - 11/27/17
$119,658.38	$0.00	$119,658.38
O&M	Debt	Total	Paid

Khov

2007	$0

May
Total

$5,513.70	$0.00	$5,513.70
$22,054.79	$0.00	$22,054.79

	Nov	$7,165.42	$0.00	$7,165.42	
2005	$0	Feb	$3,582.71 	$0.00	$3,582.71	
2007	$0	May	$3,582.71	$0.00	$3,582.71	

07-25-27-3 160-000C-0010, 18-25-27-3160-00C	$14,331

$0	$14,331

O&M	Debt	Total	Paid

Westside CDD Holdings	$84,012
18-25-27-3 160-0008-0040

$84,012

Total

$14,330.83	$0.00	$14,330.83

	Nov	$42,006.16	$0.00	$42,006.16 Paid 11/27/17	
2005	$415,856	Feb	$21,003.08	$0.00	$ 21,003.08 Paid 11/27/17	
2007	$135,432	May	$21,003.08	$0.00	$21,003.08 Paid 11/27/17	

O&M	Debt	Total	Paid

Golden Cay LLC	$18,341
07-25-27-5461-0001-00DO
2005
2007

Douglas Westside, LLC	$48, 514
06-25-27-5474-0001-0030
2005
2.007

$73,271
$52,640
$20,631

$0
$0

$91,612

$48,514

Total

Nov Feb
May Total

Nov Feb May
Total

$84,012.31	$0.00	$84,012.31
O&M	Debt	Total	Paid
$9,170.36	$36,635.56	$45,805.92
$4,585. 18	$ 18,317.78	$22,902.96
$4,585.18	$18,317.78	$22,902.96
$18,340.72	$73,271.12	$91,611.84
O&M	Debt	Total	Paid
$24,257.08	$0.00	$24,257.08 Paid 10/30/17
$1 2,128.54	$0.00	$12, 128.54
$12,128.54	$0.00	$12,128.54
$48,514.15	$0.00	$48,514.15
O&M	Debt	Total	Paid

$43,485

Land One Acquisition
182527316000080110

Mattamy	$18,971
18-25-27-4941-0001-FOIO

2005
2007

2005
2007

$0

$0
$0

$0.00
$0.00

$43,485		Nov Jan April
July
Total

$18,971
Nov Feb May
Total

$10,871.31	$10,871.31 
$10,871.31	$10,871.31
$10,871.31	$10,871.31 
$10,871.31	$ 10,871.31
$43,485.25	$43,485.25

O&M	Debt	To�I	Paid
$9,485.74
$4,742.87	$4,742.87
$4,742.87	$4,742.87
$18,971.47	$18,971.47

Land One Acquisition	$13,125
19-25-27-3 160-000B-0030

2005
2007

$0.00
$0.00

$13, 125

Nov Feb May

Total

O&M	Debt	Tota l	Paid
$6,562.40	$6,562.40
$3,281.20	$3,281.20
$3,281.20	$3,281.20
$13,124.79	$13, 124.79

Green Gate Lagoon
07-25-27-5461 0001-0010	O&M 

Feb

Nov

O&M	Debt	Total	Paid
$17,453.26	$75,092.84	$92, 546.10

2005 Debt	$1 10,920	May	sa,n6.63	$37,546,42	$46, 273.05	
2007 Debt	$39,266				$185,092.20	

$8,726.63	$37,546.42	$46, 273.05